Guam § 66132 - Insurance.
Full text of Guam Guam Code Annotated § 66132 — Insurance., with citation guidance and answers to common questions.
§ 66132. Insurance.
The Board may insure against loss of revenues from any cause
whatsoever, the proceeds of which shall be used solely for the payment
or security of bonds and the interest thereon. An indenture may provide
for the carrying of such insurance or any other insurance in such amount
and of such character as shall be specified in such indenture, for the
payment of the premiums thereon and for the disposition of all proceeds
received from any such insurance. At the option of the Board, or as
provided in any indenture, any insurance may be provided by funded
reserves or any other means.
Frequently Asked Questions About Guam § 66132
What does Guam Code Annotated § 66132 cover?
Section 66132 ("Insurance.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 66132?
A common citation format is "Guam Code Annotated § 66132" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 66132 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.